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A common language is needed for RegTech to flourish

RegTech is being held back by a linguistic disparity between regulated firms and technologists according to Gareth Malna, funds and financial regulation solicitor at Burges Salmon.

Vestigo Ventures has $53.9m to invest in FinTech

FinTech-focused venture capital firm Vestigo Ventures has closed its maiden fund on $53.9m.

Insignary lands investment for open source software security and compliance

Insignary, an open-source software (OSS) security and compliance firm, has landed an investment from tech consultancy BearingPoint.

KOGER launches open source client portal

KOGER has launched open-source client portal for financial institutions, asset managers, and fund administrators.

Thomson Reuters to support Trax MiFID II reporting and SI services

Thomson Reuters has agreed to support Trax’s MiFID II regulatory reporting and Systematic Internaliser (SI) determination services.

Intello partners with OneLogin to enhance SaaS spend, usage, and compliance

Intello has partnered with OneLogin, a provider of Unified Access Management, to provide one-click visibility into SaaS utilisation and advanced reporting on vendor compliance.

Securrency eyes UAE expansion following ADGM RegLab sandbox

Securrency, a RegTech looking to streamline regulatory compliance for token offerings, has expanded its presence in the UAE.

Velocity Solutions acquires automated overdraft management company

Velocity Solutions, a software developer for financial institutions, has acquired the automated overdraft management solution of CourtesyCloud Management Solutions.

Konsentus launches PSD2 open banking sandbox

UK-based Konsentus has launched its FinTech sandbox to help financial institutions with PSD2 open banking compliance.

PractiFi said to raise AUD $3m in funding led by Microequities

PractiFi, a finances management platform for businesses, has reportedly raised AUD $3m ($2.2m).
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